Financials Jagran Prakashan Limited

Equities

JAGRAN

INE199G01027

Consumer Publishing

Market Closed - NSE India S.E. 07:43:47 2024-04-26 am EDT 5-day change 1st Jan Change
104.2 INR +0.14% Intraday chart for Jagran Prakashan Limited +5.25% +11.32%

Valuation

Fiscal Period: Maart 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 37,333 12,809 16,343 17,124 15,791 22,690 - -
Enterprise Value (EV) 1 37,157 10,727 15,515 17,611 9,526 16,463 14,152 11,398
P/E ratio 14.6 x 4.89 x 18.6 x 7.72 x 9.53 x 9.93 x 8.48 x 7.48 x
Yield 2.78% 7.68% - - 5.51% 1.92% 1.92% 1.92%
Capitalization / Revenue 1.58 x 0.61 x 1.27 x 1.06 x 0.85 x 1.13 x 1.01 x 0.9 x
EV / Revenue 1.57 x 0.51 x 1.2 x 1.09 x 0.51 x 0.82 x 0.63 x 0.45 x
EV / EBITDA 6.96 x 2.48 x 6.81 x 4.9 x 3.75 x 4.39 x 3.24 x 2.29 x
EV / FCF 25.7 x 2.92 x 4.52 x 5.65 x 3.99 x -47.2 x 7.15 x 4.75 x
FCF Yield 3.89% 34.3% 22.1% 17.7% 25.1% -2.12% 14% 21.1%
Price to Book 1.99 x 0.67 x 0.82 x 0.8 x 1.09 x 1.07 x 0.97 x 0.87 x
Nbr of stocks (in thousands) 296,412 281,200 278,181 263,654 217,654 217,654 - -
Reference price 2 126.0 45.55 58.75 64.95 72.55 104.2 104.2 104.2
Announcement Date 5/29/19 5/29/20 5/28/21 5/30/22 5/30/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 23,627 20,973 12,892 16,160 18,562 20,128 22,393 25,144
EBITDA 1 5,337 4,326 2,278 3,596 2,539 3,752 4,370 4,979
EBIT 1 4,058 2,869 992.5 2,410 1,472 2,587 3,106 3,612
Operating Margin 17.18% 13.68% 7.7% 14.91% 7.93% 12.85% 13.87% 14.37%
Earnings before Tax (EBT) 1 4,207 2,858 1,070 2,819 2,532 3,098 3,643 4,174
Net income 1 2,606 2,734 888.7 2,225 1,998 2,284 2,675 3,034
Net margin 11.03% 13.04% 6.89% 13.77% 10.77% 11.35% 11.94% 12.06%
EPS 2 8.650 9.320 3.160 8.410 7.610 10.50 12.29 13.94
Free Cash Flow 1 1,445 3,675 3,431 3,119 2,388 -348.7 1,979 2,400
FCF margin 6.11% 17.52% 26.61% 19.3% 12.86% -1.73% 8.84% 9.54%
FCF Conversion (EBITDA) 27.06% 84.94% 150.58% 86.72% 94.03% - 45.3% 48.2%
FCF Conversion (Net income) 55.44% 134.4% 386.02% 140.19% 119.48% - 74% 79.11%
Dividend per Share 2 3.500 3.500 - - 4.000 2.000 2.000 2.000
Announcement Date 5/29/19 5/29/20 5/28/21 5/30/22 5/30/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2024 Q1 2024 Q2 2024 Q3
Net sales 1 4,026 4,064 2,703 - 5,185 4,246 - 4,795 5,117
EBITDA 1 1,293 898.5 57.8 - 1,736 845.4 - 916 1,124
EBIT 1 971.8 - - - - - - 640 844
Operating Margin 24.14% - - - - - - 13.35% 16.49%
Earnings before Tax (EBT) 1 1,027 - - - - - - 786 -
Net income 1 779.1 - - 618.5 - - 446.4 582 725
Net margin 19.35% - - - - - - 12.14% 14.17%
EPS 2 2.770 - - - - - 2.050 2.200 3.000
Dividend per Share - - - - - - - - -
Announcement Date 2/8/21 5/28/21 8/13/21 10/25/21 2/8/22 5/30/22 8/14/23 - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - 487 - - - -
Net Cash position 1 176 2,082 828 - 6,265 6,227 8,539 11,292
Leverage (Debt/EBITDA) - - - 0.1354 x - - - -
Free Cash Flow 1 1,445 3,675 3,431 3,119 2,388 -349 1,979 2,400
ROE (net income / shareholders' equity) 13.3% 14.4% 8.91% 10.8% 10.3% 11.3% 13.5% 12.2%
ROA (Net income/ Total Assets) 8.55% 9.04% - 7.22% 6.52% 6.47% 7.35% 7.83%
Assets 1 30,467 30,263 - 30,814 30,664 35,333 36,390 38,744
Book Value Per Share 2 63.30 68.20 71.70 81.10 66.50 97.30 108.0 120.0
Cash Flow per Share 2 4.770 13.80 12.40 12.20 10.30 1.840 12.50 14.50
Capex 1 1,402 366 52.5 101 327 750 750 750
Capex / Sales 5.93% 1.75% 0.41% 0.63% 1.76% 3.73% 3.35% 2.98%
Announcement Date 5/29/19 5/29/20 5/28/21 5/30/22 5/30/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
104.2 INR
Average target price
104 INR
Spread / Average Target
-0.24%
Consensus
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